As an offshore investor, your client can rest assured that all the offshore centres we work from are well regulated and secure. The more financially secure and established a company, the less chance there is of it being unable to meet its financial liabilities.
In the unlikely event that a life company becomes insolvent, investor protection schemes can act as a safety net for policyholders, allowing them to claim compensation. The availability and rules governing such schemes and specific rights for each policyholder vary from one jurisdiction to another.
Old Mutual International is the registered business name of Old Mutual International Isle of Man Limited Singapore Branch. Old Mutual International Isle of Man Limited Singapore Branch “Old Mutual International” is a member of the Policy Owners’ Protection Scheme (PPF Scheme) in Singapore. However, this policy issued by Old Mutual International (where no additional life cover purchased) is not covered under the PPF Scheme. Details of the PPF Scheme can be obtained at Singapore Deposit Insurance Corporation Ltd’s website on http://www.sdic.org.sg/.